Global Specialty Fats and Oils Market 2022-2026

Global Specialty Fats and Oils Market 2022-2026

Technavio has been monitoring the specialty fats and oils market and it is poised to grow by $ 6.06 bn during 2022-2026, progressing at a CAGR of 6.52% during the forecast period. Our report on the specialty fats and oils market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by fluctuations in global cocoa production and rising consumption of confectionery and processed foods. In addition, fluctuations in global cocoa production is anticipated to boost the growth of the market as well.

The specialty fats and oils market analysis includes the type segment and geographic landscape.

Technavio's specialty fats and oils market is segmented as below:

By Type

• Specialty oils
• Specialty fats

By Geographical Landscape

• North America
• Europe
• APAC
• MEA
• South America

This study identifies the increased awareness of health concernsas one of the prime reasons driving the specialty fats and oils market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on specialty fats and oils market covers the following areas:

• Specialty fats and oils market sizing
• Specialty fats and oils market forecast
• Specialty fats and oils market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading specialty fats and oils market vendors that include 3F Industries Ltd., Cargill Inc., De Wit Speciality Oils, Fuji Vegetable Oil Inc., IFFCO Group, Musim Mas Group, Nisshin OilliO Group Ltd., Olea Fats Inc., Puratos NV/SA, and Wilmar International Ltd. Also, the specialty fats and oils market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.